im betting on the bulls here to form a nice cup - handle and push xrp close to the moon again....
the ichimoku cloud acts as support..
on a 2h timeframe we already broke the cloud that acted as resistance...
the war with the bears is not won yet.. we still could form a right shoulder which means we have to re-evaluate the chart and hope for o strong rebounce from the lower support line...
we well know in a few hours :-)
good luck, have fun !
the ichimoku cloud acts as support..
on a 2h timeframe we already broke the cloud that acted as resistance...
the war with the bears is not won yet.. we still could form a right shoulder which means we have to re-evaluate the chart and hope for o strong rebounce from the lower support line...
we well know in a few hours :-)
good luck, have fun !
Trade active
aaand we bounced.. let's see if XRP is going to retest the support level again and forms a nice double bottom... i don't care much about the h&s because we are not in a longer uptrend and far away from a market top...
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.